STATE AND BUSINESS: THEORY AND PRACTICE OF MANAGEMENT
Purpose of the research – Authors assess the impact of six governance indicators, as follows: Voice and Accountability, Political stability and absence of violence/terrorism, Government effectiveness, Regulatory Quality, Rule of Law and Control of Corruption on Foreign direct investment in Kazakhstan.
Research methodology – the ARDL model (autoregressive distributed lag model) was used and the data are taken from the official website of the World Data Bank and cover the period of 2002-2022 years.
The significance of the research – is that it is one of the first studies in this area and assesses how important government indicators are for foreign investors and in what direction government policy should be directed.
Research results – the research showed that the rule of law and anti-corruption indicators do not affect foreign investment flows in either the short or long term. Other indicators have some short-term and long-term impact. Analyzing the situation in the country and the world, the authors concluded that the lack of influence of these two indicators is explained by the fact that foreign investment flows are mainly directed to the mineral resources sector.
The Purpose of the Research is to demonstrate common flood risk management practices and national policies aimed at solving this problem, based on a comprehensive analysis of scientific articles published in the Scopus database. the framework of the work, the features of state support and interaction of various stakeholders in natural disasters are considered, and key areas and strategies used to minimize flood damage are highlighted.
Research objectives
- To identify the dynamics and main trends in scientific publications on floods and public risk management.
- To conduct a content analysis of publications in Scopus in order to identify key areas, concepts and strategies used in scientific papers.
- To separate the forms of government support and stakeholder participation presented in the studies of different countries.
- Systematize international experience and identify common and distinctive features of national flood control strategies.
- Identify the main methods of national experience in state flood control management
Research Methods – In the course of analyzing and evaluating international experience in government support during natural disasters, the author applied the following research methods:
Content Analysis: This method enabled the identification of the main directions of scientific research related to government support during floods. Content analysis contributed to the understanding of the depth of study of key concepts such as "flood protection measures," "government support during floods," "crisis management in public administration," and "disaster resilience." This method also allowed for the systematization and structuring of various approaches to risk management in different countries.
Systemic Approach: The application of the systemic approach allowed for the identification and classification of the main categories of state and stakeholder participation in the implementation of protective and recovery measures during floods. This included analyzing the degree of involvement of government bodies, public organizations, and the private sector in disaster management processes. The systemic approach also enabled the author to assess the relationships between different levels of management and their impact on the effectiveness of the measures taken.
Originality/Value of the Research – The article presents unique features of the implementation of flood protection measures and government support for citizens during floods in various countries. The author provides a detailed analysis and classification of the main categories of government assistance in this area, allowing for a view of the different models and strategies used in different parts of the world. The author highlights and presents in a table the main categories of government assistance in this field. The results of the review can be used for conducting research and developing disaster management strategies in different regions.
NATIONAL ECONOMY: DEVELOPMENT VECTORS
The purpose of this study is to assess land degradation in Kazakhstan for the years 2001 and 2020, analyze its economic consequences, identify critical zones, and priority investment areas for successful restoration.
Methodology. This study utilizes MODIS satellite remote sensing data to monitor land cover and land use, track vegetation changes, measure biodiversity, and analyze ecological parameters. Correlation analysis and data visualization were conducted using the R programming software.
Originality / Value of the research. This study contributes to the scientific literature on land degradation assessment in Kazakhstan by utilizing time-series MODIS data to analyze land cover changes, enabling accurate and consistent monitoring. The research has practical value for decision-making and the development of sustainable land management strategies in Kazakhstan.
Findings. The results indicate a moderate increase in the economic value of non-restored areas in Kazakhstan, whereas restored areas have experienced a significant decline in value. A comparable regional analysis reveals positive economic dynamics in some regions while showing a decline in others. These findings highlight the need for further research and the development of effective land-use strategies aimed at improving the carbon balance and enhancing the long-term economic value of Kazakhstan’s land resources.
Purpose of the research – conducting a comprehensive analysis of the creative sector of the economy of East Kazakhstan region, identifying its potential, weaknesses and development prospects, developing recommendations for increasing the effectiveness of state support and stimulating the growth of creative industries in this region.
Methodology – include a systematic literature review, comparative and critical analysis of government statistics, regulations and regional documents. The methods of analysis, synthesis, induction and deduction were applied to identify trends in the development of creative industries in East Kazakhstan region. The comparative analysis assessed regional and national experience, and the modeling adapted the triple helix concept to the conditions of the region, taking into account innovation, education and support mechanisms.
Originality – based on the Triple Helix concept, a Model of Collaborative Ecosystem has been developed, emphasizing the importance of interaction between the state, business and academia. The proposed measures include tax incentives, infrastructure development and modernization of the cultural institution base, which will create conditions for sustainable growth of the sector. The implementation of the model will strengthen the socio-economic development of the region.
Findings – the creative economy of East Kazakhstan region demonstrates significant potential, but faces barriers such as lack of funding, weak infrastructure and uneven distribution of initiatives. Model of a Collaborative Ecosystem is proposed for sustainable development, it is recommended to develop a strategy with clear goals, modernize the infrastructure, attract investment and integrate the creative component into education. The implementation of the model will create conditions for the socio-economic growth of the region.
In the context of the instability of global supply chains and increasing import dependence of the Republic of Kazakhstan, the competition problem in the cross-border markets of socially significant goods (SSG), such as medicines, food, beverages, and medical equipment, is particularly important. Strengthening the state's role in pricing and persistent logistical constraints requires rethinking the existing mechanisms for regulating and stimulating competition. The study of this topic allows us to identify the vulnerabilities of the economic model and determine areas for increasing the sustainability of the domestic market.
Purpose of the study. The purpose of this study is to analyze the current state of competition in the crossborder markets of the Republic of Kazakhstan for SSG, as well as to identify key barriers hindering the development of a competitive environment and formulate recommendations for improving public policy in this area.
Methodology. The study is based on an interdisciplinary approach, including an analysis of Kazakhstan's regulatory framework and that of foreign countries, quantitative and qualitative analyses of economic data, the results of a sociological survey, and semi-structured interviews with business entities and consumers. Particular attention is paid to the comparative analysis of legislation and mechanisms for regulating crossborder trade in socially significant goods.
Scientific novelty. The study's novelty lies in the comprehensive assessment of factors that negatively affect competition in the SSG segment, such as price regulation, import dependence, and regulatory and logistical barriers, emphasizing cross-border aspects of trade. For the first time, the results of an empirical study of the perception of competition by economic entities and consumers are presented.
Practical significance. The study results can be used to develop more effective antitrust policy instruments, optimize price regulation for SSG, and formulate measures to support domestic producers in the context of foreign economic competition.
Research purpose. The research analyzes the causes and impacts of land degradation in Kazakhstan, focusing on its economic and environmental consequences. The study explores potential solutions for mitigating land degradation and promoting sustainable land use practices.
Methodology. The study utilizes a combination of comparative, systemic, and dialectical approaches. The comparative method examines land degradation trends across different regions. At the same time, the systemic approach provides a holistic view of the interdependencies between land use practices, climate change, and socio-economic factors. The dialectical method helps to understand the dynamic interactions and long-term consequences of land degradation.
Originality/Value of the Research. This research contributes to understanding land degradation in Kazakhstan by incorporating innovative approaches such as ecological branding as a driver of sustainable land management. The study also highlights the importance of transitioning to a green economy as a key strategy for mitigating land degradation and achieving sustainable development goals.
Findings. The study outlines the key stages of land degradation in Kazakhstan, identifying the main contributing factors and regions most affected. The findings emphasize the need for integrated land management practices and the adoption of sustainable solutions to combat land degradation. Recommendations are provided for policy interventions to restore degraded lands and promote sustainable agricultural practices.
BUSINESS AND GOVERNANCE: ISSUES AND SOLUTIONS
Purpose of the study is to investigate the developing relationship between career management and organizational sustainability via a bibliometric analysis of international academic literature. Although the recent prominence of both sectors, their integration is still underdeveloped, especially in emerging economies like Kazakhstan.
Methodology: Drawing on 742 articles on career management (1970-2025) and 428 articles on organizational sustainability (2002-2025) sourced from the Scopus database, the analysis applies keyword co-occurrence mapping, thematic evolution tracking, and factorial analysis using VOSviewer and Biblioshiny (RStudio).
Originality/Value: The study highlights an increasing alignment between these career management and organizational sustainability, emphasizing common objectives in employees’ development of an organization and sustained organizational performance. The analysis highlights significant research gaps, including insufficient contextualization in emerging economies and an absence of integrated HR frameworks that connect employee development to sustainable goals. Implications are derived for academic research and organizational practice, especially in Kazakhstan, where formal career management is still in its infancy. This research delineates the intellectual framework of the topic and provides ideas for formulating sustainability-focused career strategies.
Results: The results of the research identify key thematic clusters: career adaptability, green human resource management (GHRM), sustainable leadership, digital transformation, and stakeholder engagement. Also indicate that while career management literature emphasizes employability, self-directed career paths, and career resilience, sustainability research increasingly focuses on governance, innovation, and environmental responsibility. Merging intersections are found in themes such as green HRM and sustainable workforce strategies.
Future studies should investigate how digitalization, artificial intelligence, and green policies shape sustainable career development in organizational ecosystems.
Purpose of the research. To consider the development and adaptation of theoretical and methodological foundations for improving logistics systems of transportation within the framework of scientific support for the processes of building a transport and logistics system of the country in scientific work.
Methodology. Systems management theory requires the formation of relationships in the system. A qualitative and quantitative description of the object of study is carried out and the patterns of interaction of elements in the truck system are determined. In the process of functioning of transport and logistics exchange, the role of the highway in supply and its influence on the road itself are determined. In the study of this topic, a systematic approach, methods of generalization and rational solution of problems, queuing theory are used.
The results. According to the selection criterion, the road is indicated as an element of the cargo transportation system in the constantly changing conditions of the transport and logistics space, which makes it possible to increase its economic attractiveness and reduce the total costs of stimulating material flow. The theoretical and methodological justification for improving the logistics systems of cargo transportation by road is the justification for the use of logistics as an element of effective management, which allows you to reduce the costs associated with the transportation of goods. It developed scientifically based methods for calculating the time and procedure for carrying out road works, logistics integration of enterprises engaged in cargo transportation, the structure and volume of material and related flows, as well as the creation of a logistics chain for transportation.
Scientific discovery. The path is represented by the connection of a single process of creating and managing material flows. It is proposed to create car components and further integrate them into a single system of cargo transportation by road. The interconnection of the elements of the system is formed in the form of a two-stage queuing system. Each element of the system is evaluated by its characteristics.
Practical significance. The results of the study can be used by employees of transport enterprises, services of enterprises providing production and transportation of products, Road organizations to make scientifically based decisions when developing a road works program and provide alternative opportunities for rational organization of cargo transportation.
INVESTMENT, FINANCE AND ACCOUNTING
The purpose of the research is to identify the main problems and propose ways to solve them by analyzing the essence and meaning of innovation activities, measures of state support for innovation, as well as indicators of financing innovation activities of domestic enterprises in modern conditions.
Methodology. Authors used general scientific methods of analysis and synthesis, methods of summarizing the results of scientific research, literature review, comparison and expert assessment.
Originality / value of the research lies in the fact that the innovative path of economic development involves providing competitive advantages based on the creation of high-tech industries and the modernization of existing ones. Despite the fact that a lot of work has been done in our country to support the innovative activities of domestic enterprises, they cannot show advanced innovative development. The study examined the factors contributing to the inability to carry out innovation activities at domestic enterprises, among which it was found that lack of funding is one of the main reasons.
Findings. As a result of the research, the types of financing of innovation activities were considered and the possibilities of their application in improving the financing of innovation activities of domestic enterprises were proposed. In particular, specific recommendations were given on improving state financing of innovation activities of domestic enterprises, providing tax incentives to enterprises engaged in innovation activities, stimulating research and development work on the basis of domestic enterprises, and strengthening ties between science and production.
Purpose of the research. To conduct a comparative analysis of mobile banking development in developed and developing countries, and to identify factors affecting the success of its implementation and adoption.
Methodology. This research is based on the analysis of highly cited scientific articles and mobile banking data published in the Scopus database. The current method includes systematic literature review, as well as comparative analysis of adoption factors, measures and barriers.
Originality /value. This research contributes to the literature on mobile banking development and conducts comparative analysis of factors, measures and barriers related to mobile banking adoption in various economic contexts. In addition, it examines economic, technological, cultural and other factors and measures that facilitate or limit its success, and practical recommendations will be offered for all markets for adoption of mobile banking services.
Findings. The research results revealed that during adoption of mobile banking services there can arise various issues in different markets. In developing economies challenges such as transaction costs and limited access to services and the internet hinder the development of financial inclusion. In developed countries customers prefer more convenience and user-friendly apps. Differences in economic conditions, access to technology and regulatory approaches significantly impact the success of mobile banking and require adapted strategies for effective implementation.
The primary objective of this study is to develop an economic-mathematical model for constructing the credit policy of a commercial bank. This model is aimed at optimizing the structure of the credit portfolio, reducing credit risks, and enhancing the bank's financial stability in the context of a changing economic environment.
The research methodology involves the application of economic-mathematical modeling techniques, such as correlation and regression analyses. These methods enabled the identification of key relationships between macroeconomic indicators and the internal parameters of the credit portfolio, as well as their impact on overall profitability and risk.
The originality of the study lies in the development of a unique model tailored to the specific characteristics of commercial banking operations in Kazakhstan. The model takes into account both macroeconomic and bank-specific factors, making it universal and applicable for analyzing the credit policies of other banks not only in Kazakhstan but also abroad.
The research findings demonstrate the high efficiency of the proposed model, as evidenced by the data from JSC «BankCenterCredit» for the period 2019-2023. The implemented credit risk management strategies have reduced the share of non-performing loans by 15% and increased the return on assets by 10%. This confirms that the proposed model contributes to the bank's stability and can be integrated into strategic planning. The practical value of the model lies in its potential use for developing and implementing a credit policy that aims to achieve long-term improvements in the financial stability and competitiveness of commercial banks.
DIGITAL ECONOMY
Purpose of the research. It is to develop a methodological approach that enables the identification of the relationship between the degree of digitalization across various sectors and regions and the level of development of the sharing economy. To achieve this objective, the authors conducted a comparative analysis of existing global methods for measuring digitalization levels and selected the most appropriate one for adaptation to the realities of Kazakhstan's digital economy of shared consumption.
Methodology. The study employed data collection methods including literature review, the use of official statistical data published by the state statistical agencies of Kazakhstan and other countries, as well as secondary data from reports, articles, and databases. For data analysis, quantitative methods (comparative and index analysis) and qualitative methods (interpretation of the quantitative analysis results) were applied.
The originality (value) of the study lies in the development of a concept that highlights the determining influence of digital transformation on the sharing economy and in the assessment of the digitalization level as a factor in the development of the sharing economy.
Findings. For the first time in Kazakhstan's research practice, the authors attempted to theoretically substantiate the relationship between the sharing economy and digital transformation and conducted a quantitative assessment of the digitalization level of the Kazakh economy as a factor in the development of the economy of shared consumption. The study provided a justification for the indicators and factors defining the digitalization index of economic and social sectors, taking into account the use of digital technologies, the costs of their implementation and operation, the digital skills of personnel, cybersecurity, and the level of digitalization of business processes. Based on the results of the conducted study and the calculated digitalization index across individual regions of Kazakhstan, the authors concluded that sectors associated with the development of sharing exert a priority influence on the level of digitalization.
ISSN 2789-4401 (Online)